AZN to KYD Exchange Rate - Convert Azerbaijani Manat to Cayman Islands Dollar

Converting from Azerbaijani Manat (AZN) to Cayman Islands Dollar (KYD)

What is Azerbaijani Manat (AZN)

The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, a country located at the crossroads of Eastern Europe and Western Asia. Introduced in 1992, the manat was initially pegged to the US dollar but has undergone various reforms to stabilize its value. The currency symbol for the manat is ₼, and its ISO code is AZN.

The manat is subdivided into 100 qəpik. However, due to inflation and other economic factors, coins in qəpik are less common in everyday transactions. Instead, banknotes are predominantly used. The banknotes come in various denominations, including 1, 5, 10, 20, 50, and 100 manat.

The economic situation in Azerbaijan is influenced by its rich natural resources, particularly oil and gas. These industries play a pivotal role in determining the strength of the manat against other currencies. The Central Bank of Azerbaijan oversees the issuance and regulation of the currency, aiming to maintain its value against foreign currencies.

What is Cayman Islands Dollar (KYD)

The Cayman Islands Dollar (KYD) is the currency used in the Cayman Islands, a British Overseas Territory located in the Caribbean. Introduced in 1972, the KYD is widely recognized as one of the most stable currencies globally, often used as a safe haven currency. The currency symbol for the Cayman Islands dollar is $ (or sometimes CI$ to distinguish it from other dollar-based currencies), and its ISO code is KYD.

The KYD is further divided into 100 cents. The banknotes are available in denominations of 1, 5, 10, 25, 50, and 100 dollars. The Cayman Islands economy is heavily dependent on tourism and financial services, making it crucial for the KYD to remain stable even during global economic fluctuations.

When converting from Azerbaijani Manat (AZN) to Cayman Islands Dollar (KYD), it is essential to consider the current exchange rates, which fluctuate based on market dynamics. The exchange process can typically be done through banks, currency exchange offices, or online currency converters.

To convert AZN to KYD, one would use the formula:

Amount in KYD = Amount in AZN × Exchange Rate (AZN to KYD)

For instance, if you have 100 AZN and the exchange rate is 0.55 KYD for 1 AZN, the calculation would be:

Amount in KYD = 100 × 0.55 = 55 KYD

In summary, understanding the characteristics of both the Azerbaijani Manat and the Cayman Islands Dollar is vital for anyone considering converting between the two currencies. Keeping an eye on exchange rates will help ensure you get the best value for your money.

Azerbaijani Manat to Cayman Islands Dollar conversion table

AZN to KYD conversion table

Azerbaijani Manat (AZN)Cayman Islands Dollar (KYD)
1 AZN0.48235671431 KYD
2 AZN0.96471342862 KYD
3 AZN1.44707014293 KYD
4 AZN1.92942685723 KYD
5 AZN2.41178357154 KYD
6 AZN2.89414028585 KYD
7 AZN3.37649700016 KYD
8 AZN3.85885371447 KYD
9 AZN4.34121042878 KYD
10 AZN4.82356714309 KYD
100 AZN48.23567143087 KYD
200 AZN96.47134286174 KYD
300 AZN144.70701429262 KYD
400 AZN192.94268572349 KYD
500 AZN241.17835715436 KYD
600 AZN289.41402858523 KYD
700 AZN337.6497000161 KYD
800 AZN385.88537144698 KYD
900 AZN434.12104287785 KYD
1 000 AZN482.35671430872 KYD
2 000 AZN964.71342861744 KYD
5 000 AZN2 411.7835715436 KYD
10 000 AZN4 823.5671430872 KYD
20 000 AZN9 647.1342861744 KYD
50 000 AZN24 117.83571543601 KYD
100 000 AZN48 235.67143087202 KYD
Last updated May 9, 2025 at 11:59 PM